China

China

Releasing Special Administrative Measures for the Access of Foreign Investment in Hainan Free Trade Port (2020 Edition)

01 Feb 2021

On 31 December 2020, the National Development and Reform Commission and the Ministry of Commerce released the Special Administrative Measures for the Access of Foreign Investment in Hainan Free Trade Port (2020 Edition), also dubbed as the “Hainan FTP FI Negative List”, to be implemented from 1 February 2021. The Hainan FTP FI Negative List enumerates industries and sectors that are restricted or prohibited for foreign investment in Hainan island. The list includes a total of 27 items, fewer than the number of items in the national FI negative list and the FI negative list for free trade zones, which indicates a higher degree of market openness in Hainan.